Employment
  • Exclusive: RBS fined $612 million for rate rigging

    Exclusive: RBS fined $612 million for rate rigging

    By Matt Scuffham and Kirstin Ridley, Reuters

    Advisory: strong language in paragraph 25 LONDON (Reuters) - Royal Bank of Scotland will pay $612 million to U.S. and British authorities to settle allegations it manipulated benchmark interest rates...

  • Clout of Obama's "Mr Fix-it" extends abroad at start of second term

    Clout of Obama's "Mr Fix-it" extends abroad at start of second term

    By Steve Holland, Reuters

    WASHINGTON (Reuters) - U.S. Vice President Joe Biden, already deeply immersed in high-profile domestic policy, is finding that his clout extends to foreign affairs as well, as he plays a top...

  • Deficits to shrink through 2015, but debt to deepen: CBO

    Deficits to shrink through 2015, but debt to deepen: CBO

    By David Lawder, Reuters

    WASHINGTON (Reuters) - The budget deficit will drop below $1 trillion this year for the first time during Barack Obama's presidency, the Congressional Budget Office said on Tuesday, but it warned...

  • U.S. service sector grows, Europe more optimistic

    U.S. service sector grows, Europe more optimistic

    By Steven C. Johnson, Reuters

    NEW YORK (Reuters) - The vast U.S. services sector expanded again last month, extending a three-year run of growth, while European business optimism hit an eight-month high, suggesting the euro zone...

  • Service sector grows in January: ISM survey

    Service sector grows in January: ISM survey

    By Reuters

    NEW YORK (Reuters) - The services sector grew in January for a third year of back-to-back monthly expansion, although the pace of growth slowed slightly from the previous month, according to a report...